Title: The impact of corporate governance on corporate social disclosure: comparative study in South East Asia

Authors: Edy Supriyono; Abdul Kharis Almasyhari; Djoko Suhardjanto; S. Rahmawati

Addresses: Department of Accounting, STIE Bank BPD Jateng, Jl. Pemuda 4A, Semarang, 50139, Indonesia; Faculty of Economics and Business, Universitas Sebelas Maret, Jl. Ir. Sutami No. 36A, Kentingan, Surakarta, 57126, Indonesia ' Dewan Perwakilan Rakyat Republik Indonesia, Gedung DPR RI Nusantara III, 4th floor, Jl. Jenderal Gatot Subroto, Jakarta 10270, Indonesia ' Faculty of Economics and Business, Universitas Sebelas Maret, Jl. Ir. Sutami No. 36A, Kentingan, Surakarta, 57126, Indonesia ' Faculty of Economics and Business, Universitas Sebelas Maret, Jl. Ir. Sutami No. 36A, Kentingan, Surakarta, 57126, Indonesia

Abstract: This study aims to examine the effects of Corporate Governance on corporate social disclosure (CSD) in South East Asian companies as well as to test the difference of levels of CSD. GRI 2006 is used to measure CSD. The samples in this study were drawn from the company's annual reports to the IDX, KLSX and TLSX in 2009. The results of a one-way ANOVA, Turkey HSD method and Bonferroni method analysis show that the effect of Corporate Governance on CSR in Southeast Asia is significantly different. The methods used showed similar results where the different CSD in Indonesia, Malaysia and Thailand are statistically significant at 0.000 below 0.05, while the different CSD in Malaysia and Thailand are not statistically significant at a significance value of 0.84 and both are above the 0.104 significance value at 0.05. This is caused by the differences in Corporate Governance practices in those countries.

Keywords: CSD; corporate social disclosure; corporate governance; comparative study; annual reports; South East Asia; Indonesia; Malaysia; Thailand.

DOI: 10.1504/IJMEF.2015.070779

International Journal of Monetary Economics and Finance, 2015 Vol.8 No.2, pp.143 - 161

Available online: 23 Jul 2015 *

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